• $580,000
  • 3 Beds
  • 3 Baths

186 Drake Road

Detached Home for sale in Glenmore Clifton Dilworth, Kelowna

Real Estate Investor Alert! Great Opportunity to own a Cash Flow property without the headaches. PLEASE READ Information before requesting a viewing. The current owner has already completed an extensive renovation on this 2747 sq/ft home which now has a Legal Suite. She will continue to live in and manage the property, you will not have to worry about tenants etc and you will collect $400/month in cash flow right away! At the end of the 5 year term the equity will be split 50/50. To secure your investment, you or your company will be on title. Based on a 4% annual appreciation your estimated ROI is more than 70%!! (see Proforma). Actual property value increase last year was 8%! Kelowna's market is hot and vacancy rates are low. This is a great chance to get in and let your money work for you while you relax!! The owner has successfully designed & renovated properties for 6 years. If you want to renovate a home or would like to get in on her next project let me know..we can help!

Quick Facts
  • Taxes Info not provided
  • Fronting Info not provided
  • Poss. Date Info not provided
  • Lot Size Info not provided
  • Age 50 years
  • Parking Spaces 6
  • Basement Info not provided
  • Type House
  • Style Ground level entry
  • MLS # 10122352

This is an MLS®-listed Detached Home for sale located at in Glenmore Clifton Dilworth, Kelowna It’s listed for $580,000 and has been on the market for 2 days. The house is 2747 square feet and has 3 beds and 3 baths. Estimated monthly mortgage costs are $* per month.

Room Details

Main level Level

  • Living room

    Info not provided
  • Dining room

    Info not provided
  • Kitchen

    Info not provided
  • Master bedroom

    ( 22' 12'' x 9' 10'' )
  • Bedroom

    Info not provided
  • Full bathroom

    ( 29' 6'' x 9' 10'' )
  • Other Room

    ( 29' 6'' x 16' 5'' )
  • Full bathroom

    ( 22' 12'' x 26' 3'' )

Basement Level

  • Family room

    ( 19' 8'' x 9' 10'' )
  • Bedroom

    ( 26' 3'' x 19' 8'' )
  • Full bathroom

    ( 22' 12'' x 22' 12'' )
  • Den

    ( 26' 3'' x 26' 3'' )
  • Workshop

    Info not provided
  • Kitchen

    ( 3' 3'' x 29' 6'' )

Detached Home at 186 Drake Road  V1V1X2 Kelowna British Columbia, Canada
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  • Gas Info not provided
  • Sewers Municipal sewage system
  • Hydro Info not provided
  • Water & Water Supply Info not provided
  • Heat Natural gas
  • Cable TV Info not provided
  • Energy certified Info not provided
  • Cert. Level Info not provided
  • Green info Info not provided
  • CAC: Central air conditioning
  • Broker: Sage Executive Group Real Estate
Detached Home at 186 Drake Road  V1V1X2 Kelowna British Columbia, Canada

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